WHY IS IDENTITY AND ACCESS MANAGEMENT (IAM) IMPORTANT?

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Identity and access management (IAM) has been a hot topic for many years now. This is because IAM helps you to manage multiple user identities that access your applications, systems, or networks.

 Identity and access management (IAM) is important because it allows you to manage multiple user identities that access your applications, systems, or networks.

It’s a term that has been around for a long time but IAM is an important part of managing the security of your enterprise. IAM enables organizations to control who has access to what resources.

IAM defines who has access to what

Identity and access management (IAM) is the process of defining who has access to what. It's also about managing that information securely and efficiently so that it can be used by authorized users only.

When you think about IAM solutions, you might picture something like an enterprise-wide directory service—but no single solution provides all of the features needed for effective identity management. Instead, you need a suite of products that work together in concert with each other: Your solution should include user authentication modules such as single sign-on (SSO), Web browser extensions or applications; single sign-on protocols such as SAML or OAuth 2; two-factor authentication (2FA); encryption technologies like TLS 1.2 or TLS 1.3; enterprise directories; API management toolsets such as API Management Platforms

IAM helps prevent the misuse of credentials

Credentials can be stolen, and they can be stolen by unauthorized people, who then use them to log into servers or other systems that control access to sensitive data.

Credentials can also be sold to criminals who use them for their purposes. For example, if you have one of your employee's user accounts on a company laptop that he uses for work-related tasks but also leaves unattended at home during weekends (or worse yet, gives it away), someone else could gain access to confidential information stored on that same machine if they get hold of his password. The hacker might even have more than one copy of his employee's login info—that way he could impersonate him online!

IAM can help comply with regulations, especially in regards to privacy

IAM can help you comply with regulations, especially with privacy. GDPR and PCI DSS are two examples of regulations that require companies to protect the data they handle. By using IAM, you can track user access to sensitive data and control how users access it. You may also need to track the location of sensitive information on your network so that there's no risk of it being stolen or lost.

IAM can increase productivity by giving employees easier access to the resources they need

IAM is about improving productivity by giving employees easier access to the resources they need. It can help them get their jobs done faster, and it can also help them work more efficiently.

IAM gives you a single point of contact for all your security needs, so you don't have to deal with multiple vendors or vendors who aren't known for their quality control. The result is that you'll be able to focus on what's most important—your business—instead of worrying about technology or compliance issues in other parts of your company (or even outside).

IAM helps protect sensitive data and systems from being compromised

Identity and access management (IAM) is a set of processes that help protect sensitive data from being compromised. It also helps prevent fraud, insider threats, phishing attacks, and more.

In short: Identity access management tools can help protect sensitive data from being compromised by preventing unauthorized access to systems or networks; it can prevent fraud by requiring users to provide proof of their identity before accessing certain resources; it can prevent insider threats by allowing only authorized employees access to certain privileged information stored in the cloud; it can help prevent phishing attacks by making sure users are not fooled into clicking on fake links that could lead them into malicious websites—and so on.

Identity and access management solutions have a lot of benefits, especially for enterprises.

Enterprise identity and access management solutions have a lot of benefits, especially for enterprises. They can help your employees be more productive by reducing the time it takes them to get access to information or resources, and they also provide security over sensitive data and systems.

For example:

You might want your employees to use their credentials when accessing internal network resources (e.g., email), but you don't want them storing these credentials in public places where anyone could find them easily. That's where IAM comes in! With an IAM solution, you'll be able to enforce strong password policies across all of your systems without having users manually enter their usernames/passwords each time they need access.

Conclusion

With these benefits, it's no wonder that identity and access management are becoming more important for enterprises. It provides a secure way to manage multiple users, which prevents them from accessing sensitive devices or data if they are not supposed to be doing so. This helps prevent malicious attacks like hacking or phishing in addition to compliance with regulations such as GDPR (General Data Protection Regulation). In the end, though, IAM solutions help businesses protect themselves from any threats that might occur during the day-to-day operations of their business operations.

If you are looking for a reliable and secure IAM solution for your company, please feel free to contact us.

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Bridgesoft is a leading provider of technology, consulting, and information security management solutions. Bridgesoft's products and services cover a range of areas from physical and logical access and identity management to security risks and threats.
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